Investments in surrounding Triangle Towns - Mebane

[Ravi B.]

Hey Guys,

Long time lurker on BP, and active investor in the Triangle area for last 3 years. As prices continue to skyrocket in Durham, Morrisville, Cary, and others, we have expanded our radius to find profitable opportunities elsewhere. There was a relatively new builder in High Point, NC (Keystone) that sold many townhome units to investors there and the Winston-Salem, NC area (both areas experienced significant HPA). They advised Mebane, NC is another area for opportunity. Any one had experience in this market near Tanger Outlets? Any idea of what achievable rents could be for 2 bed/2bath townhomes/SFR?